Impact Insurance Agency Frequently Asked Questions

What is an Insurance policy? An Insurance Policy is a contract between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay.nothing

Why should I choose Impact Insurance? A horde of positive reviews and high customer satisfaction ratings among insurance companies are a couple of reasons to choose Impact Insurance company as your go-to insurance company. However, virtual accessibility and a multitude of discounts also help.nothing

What do I need to get a quote from Impact Insurance? Getting a quote with Impact Insurance Company only takes a few minutes. Start by providing your ZIP code and answering a few questions for an accurate online Impact Insurance quote. You won’t have to wait a long time or work with an agent who will try to up-sell policies, because you can get Impact Insurance quotes entirely online.nothing

How do I file a claim with Impact Insurance? The Impact Insurance claims process can be completed online, over the phone, or through their mobile app. When reporting an Impact claim, you’ll need to give them a brief description of what happened, the state where the accident occurred, and the date and time. It’s also helpful to have your policy information and the policy information for any other involved parties. Filing a life insurance claim is typically more complex than auto or home claims, so we recommend calling an agent to report the claim and start the process. After filing a claim, you can track its progress on Impact Insurance’s website.nothing

Does Impact Insurance offer coverage other than auto insurance?

Impact Insurance has a full line of insurance products to cover your home; office; motorcycle; rent; boat; businesses and even your recreational vehicles.nothing

Does Boat Insurance cover other drivers? The Boat Insurance policy will also cover the liability exposure if the craft is involved in an accident and another person is injured. However, the problem arises if the driver of the boat is not registered on the insurance policy. It will cover any person that operates the boat as long as they are on the insurance plan.nothing

Do I have to carry insurance on a motorcycle? Almost all states in the U.S. require owners to provide insurance coverage for their motorcycles and need to show proof of insurance to register their motorcycle.nothing

Is there any difference between Personal Auto Insurance and Commercial Auto Insurance? Although auto insurance is essential for anyone on the road, personal and commercial insurance coverage varies. A personal auto insurance policy will help protect you, your car, and anyone who may be involved in an accident. A commercial auto policy is required for any vehicles that you use for business purposes.nothing

Does Impact Insurance have good premium rates? Compared with other major car insurance companies, Impact Insurance offers lower premium prices for many drivers.nothing

How can I get the lowest rate possible from Impact Insurance? Impact Insurance provides a variety of discounts to attract customers. Talk with one of our agents to find out which discounts you qualify for. Most people save a reasonable amount if they have a clean driving record also if they bundle their auto insurance and home.nothing

Does Impact Insurance offer discounts for bundling policies? Impact Insurance will typically offer a discount if you purchase more than one type of policy. However, keep in mind that some policies will be underwritten and serviced by third-party providers.nothing

How long does it take Impact Insurance to resolve an insurance claim? The length of time required to resolve a claim can vary, depending on the type of claim you file. For example, if you file a claim for a cracked windshield, you can usually complete the claim and repair process within a couple of days. However, if you file a claim on your home, you may need to get repair estimates and schedule an appointment with an Impact Insurance adjuster, which could take a few days or weeks.nothing

What is an Annuity? An annuity is an insurance contract between you and an insurance company in which you make a lump-sum payment or series of payments and, in return, receive regular disbursements, beginning either immediately or in the future.nothing

Are there several variations of Annuities that I can choose from? While there are many variations of annuities, fixed annuities, variable annuities and indexed annuities are some of the most common contracts.

Fixed Annuity: With a fixed annuity, you receive a guaranteed interest rate in exchange for a certain amount of money.

Variable Annuity: On the other hand, with a variable annuity you can select the investments you put into the contract. These investments will determine your investment rate throughout the contract.

Indexed Annuity: Lastly an indexed annuity earns a return that is pegged to a market index.

Conservative investors prefer purchasing fixed annuities considering they are more risk-averse. Younger or more experienced investors may select a variable annuity so they can potentially reap the benefits of profitable gains if their investment selections do yield much.nothing

What is Life Insurance? Life insurance is a contract between you and an insurance company that provides a lump sum of money to beneficiaries of the policy when you die. Policyholders exchange premium payments to the insurer with the promise that the insurer will give beneficiaries a sum of money known as the death benefit. That money can help pay for funeral expenses.nothing

What is the key difference between an Annuity and Life Insurance policy? Life Insurance protects your loved ones if you die prematurely while annuity protects your income if you live longer than expected. Both plans make provision for death benefits, but each is a very different option for different purposes.nothing

Who is a Notary Public? A Notary Public is a person appointed by a state government, e.g., the governor, state secretary, or in some cases the state legislature, and whose basic role is to serve the public as an impartial witness when important documents are signed.nothing

Is there a difference between a lawyer and a Notary Public? Lawyers are licensed professionals who argue for their clients in a legal case filed in the court. Notaries are appointed by the government to give authentication for vital documents and administer an oath. Lawyers need to be available in the court whenever needed while notaries can do their job in their office.nothing

Is General Liability Insurance the same as a public liability? Public liability insurance covers injuries suffered by visitors to your business property. General liability coverage is more, including, visitor injuries defective-product damages and employee/staff injuries.nothing

Why does a non-profit need General Liability Insurance? General Liability Insurance helps protect nonprofit directors, officers and managers against exposures ranging from fiduciary malfeasance to wrongful termination claims. It helps cover settlements, judgements and defense cost that could arise for allegations brought against a nonprofit organization.

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When can an insured party cancel an insurance policy? Insurance companies in most states give a policyholder written notice of cancellation at least 30 days before canceling the policy. The policy contract stipulates the reasons the insurer can cancel the policy and the time frame and process in which it can do it.nothing

What is a motorcycle insurance? It refers to an agency that shares the risk of riding a motorcycle with the insured. It provides coverage to motorcycle riders in exchange for premiums.nothing

What is an Auto insurance? The agency provides insurance coverage for properties such as automobiles, cars, trucks, motorcycles among others to compensate the insured in the event of theft, accident and liabilities.nothing

What is a Renters Insurance? What is a Renters Insurance? It is an agency that offers insurance services to people renting a property or apartment in case of theft, fire, disaster and unforeseen circumstances.nothing

What is Life Insurance? Life Insurance has licensed insurance professionals that sell life insurance. They pay a lump sum of death benefits to the beneficiaries of the insured after death.nothing

What is the Insurance Company? An insurance company is a financial institution that offers insurance services to people, individuals and businesses to compensate them for financial losses in exchange for a premium.nothing

What is a notary public? A notary public is a public officer that is backed by law to address certain matters that are not contentious.nothing

What is an insurance broker? An insurance broker is a company that is a registered advisor in insurance matters. They work between the insurer and clients.nothing

What is an Insurance Agency? An insurance agency is an independent agency that solicits, binds insurance policies. They are professionals that sell insurance company products.nothing

What is the Boat Insurance Agency? It refers to an insurance agency that provides boat insurance services.nothing

What are Fax services? They are services offered by companies that operate a fax machine. The fax machine sends faxes What are Fax services? which include documents electronically over a telephone network.nothing